As of June 30, 2021
| Portfolio Snapshot | |
|---|---|
| Total Investment1 | $3.2B |
| Number of Investments1 | 77 |
| Number of Properties1 | 568 |
| Geographical Location | 35 U.S. States & the United Kingdom |
| Proceeds Raised | $2.0B |
| Investment Type | Number of Investments1 | Number of Properties1 | Amount1 |
|---|---|---|---|
| Equity | Direct Investments | 71 | 71 | $2.1B |
| Equity | Unconsolidated Investments | 52 | 4973 | $1.1B |
| Debt Investments | 1 | 1103 | $27.7MM4 |
Investment Type: Equity | Direct Investments
Number of Investments: 71
Number of Properties: 71
Amount $2.1B
Investment Type: Equity | Unconsolidated Investments
Number of Investments: 52
Number of Properties: 4973
Amount $1.1B
Investment Type: Debt Investments
Number of Investments: 1
Number of Properties: 1103
Amount $27.7MM4
Facility Type
Geographic Location
| Investment | # of Properties1 | Date | Facility Type5 | Location | Amount1 | |
|---|---|---|---|---|---|---|
|
Equity | Direct Investments | Winterfell | 32 | May 2015/ Mar 2016 | ILF | 12 States | $905.0MM |
| Watermark Fountains6 | 15 | Jun 2015 | CCRCs | 11 States | $645.8MM | |
| Rochester7 | 10 | Aug 2017 | ILF ALF | Rochester, NY | $219.5MM | |
| Arbors | 4 | Sep 2014 | ALF | Long Island, NY | $126.8MM | |
| Watermark Aqua7 | 4 | Various | ILF ALF | Texas & Ohio | $77.5MM | |
| Avamere | 5 | Feb 2017 | ILF ALF | Oregon & Washington | $99.4MM | |
| Oak Cottage | 1 | Feb 2017 | MCF | Santa Barbara, CA | $19.4MM |
| Investment | Joint Venture Partner(s) | # of Properties1 | Date | Facility Type 5 | Location | Ownership | Amount1 | |
|---|---|---|---|---|---|---|---|---|
|
Equity | Unconsolidated Investments | Trilogy8 | Griffin-American Healthcare REIT III & IV | 90 | Dec 2015 | SNF ALF | 4 States | 23.2% | $395.8MM |
| Espresso | Formation Capital & Safanad | 110 | Jul 2015 | SNF ALF | 8 States | 36.7% | $221.2MM | |
| Diversified US/UK | DigitalBridge | 246 | Dec 2014 | MOB ALF SNF Hospital | 28 States & 46 Properties in UK | 14.3% | $445.9MM | |
| Eclipse | Formation Capital & DigitalBridge | 51 | May 2014 | ALF SNF | 11 States | 5.6% | $37.3MM |
| Investment | # of Properties1 | Date | Facility Type5 | Location | Amount1 | |
|---|---|---|---|---|---|---|
|
Debt |
Espresso | 110 | Jul 2015 | SNF ALF | 8 States | $27.7MM |
ALF: Assisted Living | CCRC: Continuing Care Retirement Communities | ILF: Independent Living | MCF: Memory Care | MOB: Medical Office Building | SNF: Skilled Nursing
NorthStar Healthcare owns the properties pictured. 1) Does not include properties held for sale. Based on cost for real estate equity investments, which includes purchase price allocations related to net intangibles, deferred costs, other assets, if any, and adjusted for subsequent capital expenditures. For real estate debt, based on principal amount. May exclude other costs and expenses, including pre-funded capital expenditures, adjustments for working capital and other items relating to the closing of the investment. Includes NorthStar Healthcare’s proportionate share of assets acquired through unconsolidated joint ventures. 2) Includes investment in Solstice Senior Living, LLC, or Solstice. 3) Includes 110 properties in the Espresso portfolio for both NorthStar Healthcare’s debt and equity investments. 4) Property types securing the mezzanine loan predominantly include skilled nursing facilities, which are located primarily in the Midwest and Northeast. 5) Classification based on predominant type of services provided at each property, but may include other services. 6) This investment includes 14 CCRCs and one property containing eight condominium units in which NorthStar Healthcare holds future interests. Nine of the properties are owned jointly by NorthStar Healthcare and The Freshwater Group, Inc. (Freshwater) for 97% and 3% interests, respectively. 7) Owned jointly by NorthStar Healthcare and Freshwater for 97% and 3% interests, respectively. 8) Includes institutional pharmacy and therapy businesses and lease purchase buy-out options, which are not subject to property count.